FABERFIN: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FABERFIN
Largest movements
- Cash -€23,991
down €23,991 (-52.0%), from €46,139 to €22,148
mainly Contributions, distributions and other (-€75,006) and Other debts (-€16,515)
- Current investments +€15,503
new in 2025: €15,503
- Tangible fixed assets -€1,374
down €1,374 (-13.7%), from €10,056 to €8,681
of which Furniture and vehicles: -€710
- Other debts -€16,515
down €16,515 (-41.1%), from €40,199 to €23,683
- Tax, wage and social debts +€5,970
up €5,970 (+36.1%), from €16,531 to €22,501
of which Taxes: +€5,956
- Gross operating margin +€30,961
up €30,961 (+42.2%), from €73,417 to €104,378
- Taxes +€5,210
up €5,210 (+27.0%), from €19,318 to €24,528
- Depreciation -€3,085
down €3,085 (-55.7%), from €5,535 to €2,451
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,730 | €47,556 | -€10,173 | -17.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €10,056 | €8,681 | -€1,374 | -13.7% |
| Tangible fixed assets | 22/27 | €10,056 | €8,681 | -€1,374 | -13.7% |
| Plant, machinery and equipment | 23 | €3,860 | €3,196 | -€664 | -17.2% |
| Furniture and vehicles | 24 | €6,195 | €5,485 | -€710 | -11.5% |
| Current assets | 29/58 | €47,674 | €38,875 | -€8,799 | -18.5% |
| Amounts receivable within one year | 40/41 | €131 | €16 | -€115 | -88.1% |
| Trade receivables | 40 | €126 | - | -€126 | |
| Other amounts receivable | 41 | €4 | €16 | +€11 | +271.7% |
| Current investments | 50/53 | - | €15,503 | +€15,503 | |
| Cash at bank and in hand | 54/58 | €46,139 | €22,148 | -€23,991 | -52.0% |
| Deferred charges and accrued income | 490/1 | €1,404 | €1,208 | -€196 | -14.0% |
| Total equity and liabilities | 10/49 | €57,730 | €47,556 | -€10,173 | -17.6% |
| Equity | 10/15 | €1,000 | €1,000 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable | 17/49 | €56,730 | €46,556 | -€10,173 | -17.9% |
| Amounts payable within one year | 42/48 | €56,730 | €46,545 | -€10,185 | -18.0% |
| Trade debts | 44 | €0 | €361 | +€361 | |
| Suppliers | 440/4 | €0 | €361 | +€361 | |
| Taxes, remuneration and social security | 45 | €16,531 | €22,501 | +€5,970 | +36.1% |
| Taxes | 450/3 | €16,531 | €22,488 | +€5,956 | +36.0% |
| Remuneration and social security | 454/9 | €0 | €13 | +€13 | |
| Other amounts payable | 47/48 | €40,199 | €23,683 | -€16,515 | -41.1% |
| Accrued charges and deferred income | 492/3 | - | €11 | +€11 | |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,535 | €2,451 | -€3,085 | -55.7% |
| Other operating charges | 640/8 | €852 | €409 | -€443 | -52.0% |
| Non-recurring operating charges | 66A | €694 | €953 | +€259 | +37.3% |
| Gross operating margin | 9900 | €73,417 | €104,378 | +€30,961 | +42.2% |
| Operating profit (loss) | 9901 | €66,335 | €100,565 | +€34,230 | +51.6% |
| Financial income | 75/76B | €5 | €38 | +€33 | +658.0% |
| Recurring financial income | 75 | €5 | €38 | +€33 | +658.0% |
| Financial charges | 65/66B | €1,355 | €1,069 | -€286 | -21.1% |
| Recurring financial charges | 65 | €1,355 | €1,069 | -€286 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €64,985 | €99,534 | +€34,549 | +53.2% |
| Income taxes | 67/77 | €19,318 | €24,528 | +€5,210 | +27.0% |
| Profit (loss) for the period | 9904 | €45,667 | €75,006 | +€29,339 | +64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,667 | €75,006 | +€29,339 | +64.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.